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20121207
20121207
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failures pileup. that has washington worried about another bailout, and homeowners worried about the market. jeri willis from the fox business network joins us. they are $16 billion in the red, the fha is what does it mean. >> reporter: taxpayers could be on the hook for this money. let me give you an idea of what is going on here. the federal housing administration insures, it backs these mortgage loans as you know we had the big mortgage meltdown, huge crisissess, values plummeted, people lost their homes. currently the fha stands behind 1.1 trillion in mortgage debt. one one in six of those loans deliquent. one in ten in default. they are facing just a tsunami of bad debt, and once more there is more in the pipeline that we don't even know about. alisyn: i don't have to tell you that the public appetite for bailouts. >> reporter: not high. alisyn: very small. if they don't get a bailout what happens to the country and the housing market? >> reporter: that is not an option i don't think. look, if they aren't able to correct this in some way, fix it in so way they are headed for a bailout
the pack of the top spot chicago comes in at no. 2 topic london, new york city and washington d.c. in the top five. sampras's goes the sixth most at searched the city. rounding out the top 10 are san diego, dubai, new orleans and hong kong. and less binding livestock, brings san francisco as the best place for a couple with the will and, and no kids to live. new york city comes in second place and washington d.c. is third. sampras's go has the lowest percentage of children out a major cities in america. only 13.4% of the city's approximately 8000 residents are under 18 years old. >> a record 1 million people travel across international border as a tourist in 2012. according to world travel and tourism council one and seven people on the planet will bridges a day in the world traveled this year. the reason for the rise could be prosperity in developing countries like china to the idea of a more peaceful world year. the 1 billion stores across an international boundary on december 13th. >> bay area sports and the raiders taking on the broncos at the coliseum last night. peyton man
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